India's semiconductor sector provides huge business opportunities to Micron: Goyal

San Francisco: Commerce and Industry Minister Piyush Goyal has met Micron Technology CEO and President Sanjay Mehrotra in the US and discussed business opportunities in the growing semiconductor sector in India.

The minister is in San Francisco for the Indo-Pacific Economic Framework (IPEF) meeting.

US-based semiconductor company Micron is setting up India's first chip facility in Gujarat, which will create 5,000 direct and 15,000 indirect jobs in the coming years.

In June, the government cleared Micron's project to set up a semiconductor test and packaging unit worth USD 2.7 billion in the country.

"Met Mr. Sanjay Mehrotra, CEO & President of @MicronTech. Discussed how India's growing semiconductor ecosystem presents vast opportunities for the company to collaborate & expand its footprint in the country," Goyal said in a post on social networking platform X on Thursday.

Met Mr. Sanjay Mehrotra, CEO & President of @MicronTech.

Discussed how India’s growing semiconductor ecosystem presents vast opportunities for the company to collaborate & expand its footprint in the country. pic.twitter.com/YVxiXd2zkz

— Piyush Goyal (@PiyushGoyal) November 16, 2023

He also held a meeting with YouTube CEO Neal Mohan.

"We discussed how India presents a huge opportunity for @YouTube to further expand collaboration and footprint in the country," Goyal added.

Delighted to meet Mr. @NealMohan, CEO of YouTube.

We discussed how India presents a huge opportunity for @YouTube to further expand collaboration & footprint in the country with its:

📲 Thriving digital ecosystem
📹 Growing content space
🧑‍💻Young & diverse demography pic.twitter.com/ErEoxeQPQU

— Piyush Goyal (@PiyushGoyal) November 16, 2023